The Biggest DeFi Burn in History Is Coming – Is Uniswap (UNI) About to Reprice?
Uniswap (UNI) is preparing for one of the largest supply shocks DeFi has ever seen. According to aixbt, the protocol will burn 155 million UNI tokens in the coming weeks, removing $2.37 billion worth of supply in a single transaction. That represents 15.5% of the entire token supply gone forever. Governance has already approved the